WANT OF SPECIAL TRAINING. 103 



training and qualifications, are employed in the 

 management of these. Constant watchfulness 

 of the progress of invention, by which large 

 results may be obtained on a given expenditure, 

 is absolutely necessary to procure a profit in the 

 general competition. The landowners of large 

 estates entrust the management of their property 

 to agents more or less qualified, many very 

 capable, but often hampered by the pressing 

 need of their employer for the largest return of 

 rental at the least cost. The landowner himself 

 too seldom takes such an active and intelligent 

 interest in the details of management as would 

 convince him of the need to keep his farms in a 

 similar state of high working order. It is not 

 with him really a question of business. Let us 

 take, by way of comparison, a manufacturer, 

 merchant, or shipowner, employing each a capital 

 equal to that of a landowner who has a rental of 

 $,ooo a year. What would be thought of the 

 prospects of a woollen manufacturer who, with- 

 out the slightest preparation or special knowledge, 

 embarked 100,000 in that business? Or of a 

 man who took over a mercantile concern of the 



